John Koeter, Vice President of Marketing, Solutions Group, Synopsys, Inc.
The Semiconductor Intellectual Property (SIP) segment has historically grown at about a 15 percent average CAGR, reaching $1.37B in 2008 per Gartner. During the last 12 months, the IP industry has flattened due to the same economic tsunami that has hit the overall market.
The SIP market is being driven by several major trends. The first is the transition from make to buy, which has accelerated over the past two years. The economic difficulties of the last year have led to significant reductions in staff, which have in turn forced companies to reevaluate core versus context engineering decisions.
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